German rolling element bearings manufacturer Schaeffler Group is preparing to infuse 60 million euros ($68.3 million) in its Indian operations in 2019.

The investment is set aside for extending the manufacturing capacity and in launching new technologies.

Schaeffler India is also focusing on a major share of the two-wheeler clutch market in India.

In August last year, the company increased its yearly investment in the country from $22.4 million to $44.9 million.